Sep 26, 2012 7:00pm EDT
,000. >> woodruff: president obama and governor mitt romney were slugging it out again today on the campaign trail, both of them in the battleground state of ohio. and both of them mindful of the need to turn out younger voters, who went overwhelmingly for mr. obama in 2008, but who are proving more elusive this year. i traveled to the columbus area this past weekend ahead of the candidates to find out just how elusive. >> fired up! ready to go! >> woodruff: ohio state university students about to head out from an obama campaign office to register voters, yell a familiar refrain. >> fired up! ready to go! >> woodruff: they are a coveted voting block for the president, in this fiercely contested swing state. four years ago, mr. obama won 18- to 29-year-olds nationwide by 66% to 32%. a margin so large, young people were credited with putting him over the top in several key states. >> are you registered to vote? >> woodruff: surveys suggest he's sure to capture the majority of the youngest voter block again. but after four years of watching the president grapple with the realities of governing, they'
Sep 26, 2012 6:30pm EDT
, what happens if romney is victorious? >> if romney gets in you might get a little bit of a pullback just from a psych lodge cold standpoint, but he's still going to have his work cut out for him to try and get this economy up and going. so if he keeps some of the policies in place that obama has kept in, i. e. low interest rates until 2015, fed funds at a quarter percent, if he does something like that that might still give a little buoyancy to the gold price going forward, at least into the first quarter of 2013. >> what happens after the election? where does gold take out direction, will it be from politics and the possibility of falling off the fiscal cliff or will it be from economics namely u.s. economic data and the you're row crisis? >> combined, globally right now, we have quantitative easing, okay, we have a lot of promises without any action, okay. so the promises gave us let's call it a $100 rally at least in gold. the action i do believe will double that, okay, and give us at least another $100 plus. >> what would it take to see a major selloff in gold? >> major pullback